China will continue to buy our commodities regardless of whether we sign any broader economic agreement with it or not, writes Dr John Lee, from the Centre for International Security Studies, Sydney University.
Japan economy
Kohler: tipping towards a recession
This was always the great danger for the post-GFC world: that debt-laden governments, led by the US, would have to start cutting fiscal deficits before their economies reached escape velocity.
Maley: Beijing’s inflation fight
As Chinese leaders prepare to celebrate the Chinese Communist Party’s 90th birthday this Friday, they are deeply aware that they now confront a difficult balancing act in their response to rising inflation, writes Karen Maley.
Fukushima nuke plant ‘in a state of meltdown’
According to Japanese media reports, there seems to have been a partial or substantial meltdown of the fuel rods in the No.1 reactor at Fukushima.
Maley: containing the problem that is Tepco
Fears that the Japanese government could be forced to bail out the company at the centre of the world’s worst nuclear accident in 25 years, has sparked concerns over Japan’s financial institutions that are exposed to the troubled utility, writes Karen Maley of Business Spectator.
Maley: Buffett’s still big on Japan
In punting on the Japanese recovery, investors are taking on some big risks, writes Karen Maley, of Business Spectator.
Maley: Japan’s Australian bond abandon
Will Japanese retail investors start dumping their investments in Australian bonds as they scramble to cover the huge losses inflicted by last Friday’s devastating earthquake? asks Karen Maley.
Maley: can Japan survive a market chain-reaction?
As Japan battles to avert a major nuclear disaster at the Fukushima nuclear plant, many are questioning whether the Japanese government is providing the necessary leadership, writes Karen Maley.
Waking up from a ‘dreadful dream’: US lessons in Japan’s downgrade
The surprise decision by ratings agency Standard & Poor’s to downgrade Japan’s credit rating for the first time in nine years should send a strong warning to the United States of the dangers of ballooning budget deficits, says Business Spectator’s Karen Maley.
Political snippets: Wanna hear a climate change joke?
Without action by by the US Government, the idea of an international agreement on climate change is simply a joke.
Listen to the market, not the stars of the cringe festival
Bring a group of rich businessmen, all mates of Forbes magazine and owner Steve Forbes, and plunk them down in Australia and watch the local media slather over their every utterance.
The Bank of Japan is firing blanks
Analysts were quick to point out that the Bank of Japan’s measure to allow domestic financial institutions even more money from the central bank at extremely low rates would do little to boost Japanese growth.
Crikey Clarifier: how did China become an economic superpower?
China has overtaken Japan as the second biggest economy in the world after the United States. Crikey intern Jasmin Pfefferkorn asked Dr Michael Paton, from the University of Sydney, how China has solidified its position as a world superpower — despite the growing impost of environmental regulation.
RBA says economy is robust, so will Swan talk it up in today’s debate?
It’s been three days since the Reserve Bank produced one of the most confident and upbeat outlooks for the Australian economy … and it has been ignored by both sides of the election campaign.
Kohler: cheapening the deficit argument
The Japanese 10-year bond yield has fallen below 1% for the first time in seven years, as bond yields everywhere continue to tumble.
US staring Japanese-style deflation in the face
, writes Karen Maley, of Business Spectator
Business As Usual: China holding off on its melting moments … Commodity prices and echoes of 2008 …
While low prices and high power costs have put China’s aluminium industry on hold, the country is also freezing coal prices. Plus, refinancing Europe’s banks goes better than expected and other business news.
Business As Usual: The game’s bonds, Greek bonds … price pressure here may push up rates …
Global markets are set to feel some real pressure tomorrow, Japan cooling, and why are bonds falling?
Business As Usual: Business as Usual: BP shares slide again … Britain slashes growth forecast, while Moody’s junks Greece rating …
Democratic congress pressure on BP to underwrite clean-up … Britain cuts public borrowing estimate to £155 billion; France tightens the reins too … Moody’s junks Greece rating …
Business As Usual: Chinese economy slowing although leaks save the day … America’s household wealth up … Japan growth looking bright …
World markets rose because of leaks out of China, but world prices for oil, metals and grains were lower , thanks to China importing less and other business news of the day.
Business As Usual: Germany’s 80 billion euro cuts, new taxes … European banks uneasy with falling euro …
Germany announces Budget cuts and loss of 15,00 PS jobs, while the fall of the euro is unnerving European banks, there is high demand for US debt and other business news of the day.
Business As Usual: RBA — as you were … Share market fall here the worst May result for 26 years …
It’s a case of wait and see for the Reserve Bank, a rate rise is, however, on the cards in Canada, the share market fall here was the worst May result for 26 years, and other business news.
Business As Usual: Japan’s jobless up … US economy grows slowly … UK capital gains tax fight …
US economy growing slowly, while sale of soft drink soars … Inflation is down in most of Europe … A reminder for Rio Tinto … The Tele rails against plans for a capital gains tax boost in the UK …
Business As Usual: Rosy future for capex … Apple eats Microsoft … Club Austerity’s newest member …
Taxpayers to chip in for Foster’s, Foster’s write-offs could total $2.5 billion, UK’s Channel Five on the market and BSkyB close to buying Virgin Media TV and Apple takes the most-valuable title.
Business As Usual: $1b write-down for Foster’s … Rough time for global markets … iPhones for 97 bucks …
Foster’s to separate wine and beer, tens of billions of dollars were wiped off global markets, US consumers are unmoved, a new iPhone is on the way, so the price plummets and other business news.
